Debt (Tables)

3 Months Ended

May 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt

Our long-term debt instruments and balances outstanding for each of the periods presented (in thousands):

 

	As of
	May 31, 2024		February 29, 2024
Revolving Credit Facility	$	35,000	$	30,000
Term Loan B	950,250		980,250
Total debt, gross	985,250		1,010,250
Unamortized debt issuance costs	(55,450)		(57,508)
Long-term debt, net	$	929,800	$	952,742

Interest Income and Interest Expense Disclosure

Interest expense is comprised as follows (in thousands):

	Three Months Ended May 31,
	2024		2023
Gross Interest expense	$	24,207	$	28,962
Less: Capitalized interest	(1,433)		(256)
Interest expense, net	$	22,774	$	28,706